Solana Surpasses Nasdaq and NYSE in Tokenized Stock Trading Volume

The Solana network has reached new heights in tokenized stock trading, surpassing the combined daily volume of Nasdaq and NYSE. According to X post tracking data, the network recorded over $100 million more in tokenized equity trading volume than its competitors in a single day.

This milestone comes as the SOL token trades near $100.94, down 0.67% over the past 24 hours. The Solana network's tokenized equity supply has also reached a record high of $684 million, marking a 47% jump within three weeks.

The growth in tokenized equities on the Solana network is not limited to one single app. Several platforms now issue these products, including xStocks and Backpack Securities offering stock-linked tokens, Ondo and Superstate offering equity-linked tokens, and Sunrise and Securitize offering ETF-linked tokens.